Manager, Product Management (18 Month Contract)

Samsung Electronics Co., Ltd.$98K — $135K *
Consumer Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience preferred
  • 5+ years in a Product Manager role
  • Essential background in Home Appliances
  • Strong analytical skills with proficiency in MS Office
  • Excellent negotiation capabilities with vendors and customers
  • Experience in budget management and ROI determination
  • Proven track record of achieving results

Responsibilities

  • Drive product-related business decisions across all lifecycle stages
  • Collaborate with sales to execute marketing plans
  • Communicate product strategy and market insights to HQ
  • Own the product's profit and loss responsibility
  • Work with colleagues to enhance sales and profit for product categories
  • Prepare budget forecasts and profit simulations
  • Engage with customers and manage partner relationships

Benefits

  • Extended health and dental benefits
  • Spending accounts
  • Wellness and well-being benefits
  • Development opportunities
  • Employee perks
Full Job Description
Position Summary

The incumbent is responsible to drive the product related business decisions in conjunction with the head of Product Marketing for DA over the life cycle of the product. This includes total ownership of driving product strategy into the market and absolute owner for Monthly Sales Targets and Profitability of the product. The incumbent will be a liaison between Sales, SCM, Service and Channel for all product related matters.

Role and Responsibilities

  • Drive all product-related business decisions for the local subsidiary over the product life cycle relating to Marcomm, Sales, Finance, SCM and interfacing with HQ. This includes product line-up strategy, customer collaboration and promotion planning, product launches, product training, collaboration on merchandising and displays channel distribution strategy, price positioning, market share analysis, Forecasting (CMF & 3MF), Inventory Mgmt., market analysis and research, management planning, channel distribution strategy
  • Collaborate with the sales team to execute on the sales & marketing plan
  • Communicate to HQ (GBM) re market, competition, COGs and product planning.
  • Accountable for the profit and loss of the product.
  • Collaborate with external and internal colleagues to grow sales and profit for product category.
  • Prepare budget forecasting & profit simulation
  • Communicate with customers (Internal / external incl. NSM preparations, trade shows, maintain exception partner relationships, etc.)
  • Review dealer feedback on line up and compare to current distributional strategy
  • Provide direction for more junior Product Managers on the team
  • Successfully complete in a timely manner at any certifications as mandated by HQ.


Skills and Qualifications

Education:
  • Bachelor's Degree or equivalent work experience preferred

Knowledge:
  • Strong analytical skills
  • Strong proficiency in Excel, Word, PowerPoint and other MS Office applications.
  • Ability to productively interact with distribution, retail and reseller business partners
  • The ability to plan, organize and implement marketing projects and programs
  • The ability to disseminate market information and provide the best strategic business plan
  • The ability to negotiate with both vendors and customers on marketing proposals and plans
  • The ability to develop tasks, work assignments, to clearly define objectives and give technical sales and marketing on a day-to-day level
  • Ability to assist in long and mid-term business planning
  • Ability to manage budgets and determine ROI
  • Must have a proven track record on results
  • Ability to work in a fast paced environment is a must
  • Show a sense of urgency

Experience:
  • A minimum of 5 years working in a Product Manager role preferred
  • Home Appliances background is essential


The salary range for this role is expected to be between $98,000 to $135,000 and reflects base salary only. Actual pay will be determined based on a number of factors and may vary depending on job-related knowledge, competencies, qualifications, relevant skills and experience. This posting is for a current job vacancy.

The total rewards package may include extended health and dental benefits with spending accounts, wellness and well-being benefits, development opportunities, and other employee perks.

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